Ethereum Whales Cut Sell Orders by $219 Million Amid BTC Buying Pressure

Major Ethereum whales have reduced their sell orders in the past 24 hours, totaling $1.683 billion, according to data from Bitget's PRO major order list.

The total transaction value for Bitcoin (BTC) major players reached $832 million, with buy transactions accounting for $390 million and sell transactions for $442 million.

The net pending order difference for BTC is $977 million, indicating a potential 'wall' of limit buy orders at key price levels. In contrast, Ethereum (ETH) saw a total transaction value of $1.683 billion, with buy transactions worth $781 million and sell transactions totaling $902 million.

Bitget's PRO 'Major Order Tracking' indicator monitors these large pending orders in real-time, helping traders gauge the impact of major players on market movements.